Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of Todd Shipyards Corp. - TOD
30 Dicembre 2010 - 5:12PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Todd Shipyards Corp. (“Todd” or the “Company”) (NYSE:
TOD) for potential breaches of fiduciary duties in connection with
their conduct related to the sale of the Company to Vigor
Industrial LLC for an estimated $130 million. The proposed all-cash
transaction offers Todd shareholders to only receive $22.27 in cash
per share.
Request more information now by clicking here:
www.faruqilaw.com/TOD
Whether the Todd’s Board of Directors breached their fiduciary
duties to Todd’s stockholders by failing to conduct an adequate and
fair sales process to sell the Company prior to agreeing to this
proposed transaction, whether the proposed transaction undervalues
Todd’s shares and by how much this proposed transaction undervalues
the Company to the detriment of Todd shareholders are the key focus
of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Todd and wish to obtain additional
information, please visit us at www.faruqilaw.com/TOD or contact
Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2010 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Grafico Azioni Todd Shpyrds (NYSE:TOD)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Todd Shpyrds (NYSE:TOD)
Storico
Da Set 2023 a Set 2024
Notizie in Tempo Reale relative a Todd Shipyards Corp. (Borsa di New York (NYSE)): 0 articoli recenti
Più Faruqi & Faruqi, LLP Articoli Notizie